Vault-13

VANGUARD WORLD FD VGT

INF TECH ETF · ETP · CUSIP 92204A702

1,791 institutional holders +116 vs Q1 2025
51,947,40851.9m shares reported held*
$33.4bnreported value*
174 new 630 added 541 reduced 62 sold out net bought ≈ $1.5bn (+3.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($10.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $643.86. Options: 6 managers hold calls ($631.2m notional), 8 hold puts ($301.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,068Q4 22: 1,147Q1 23: 1,199Q2 23: 1,274Q3 23: 1,254Q4 23: 1,399Q1 24: 1,459Q2 24: 1,538Q3 24: 1,578Q4 24: 1,743Q1 25: 1,675Q2 25: 1,7911,791Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221,068
Q4 20221,147
Q1 20231,199
Q2 20231,274
Q3 20231,254
Q4 20231,399
Q1 20241,459
Q2 20241,538
Q3 20241,578
Q4 20241,743
Q1 20251,675
Q2 20251,791

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ3 23: 506 bought or addedQ3 23: 494 cut or sold outQ4 23: 570 bought or addedQ4 23: 500 cut or sold outQ4 23Q1 24: 638 bought or addedQ1 24: 548 cut or sold outQ2 24: 614 bought or addedQ2 24: 528 cut or sold outQ2 24Q3 24: 660 bought or addedQ3 24: 578 cut or sold outQ4 24: 704 bought or addedQ4 24: 561 cut or sold outQ4 24Q1 25: 696 bought or addedQ1 25: 694 cut or sold outQ2 25: 804 bought or addedQ2 25: 603 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023506494
Q4 2023570500
Q1 2024638548
Q2 2024614528
Q3 2024660578
Q4 2024704561
Q1 2025696694
Q2 2025804603

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600m$800mQ3 24 calls: $538.8mQ3 24 puts: $143.8mQ3 24P/C 0.27Q4 24 calls: $758.9mQ4 24 puts: $219.0mQ4 24P/C 0.29Q1 25 calls: $659.3mQ1 25 puts: $265.7mQ1 25P/C 0.40Q2 25 calls: $631.2mQ2 25 puts: $301.1mQ2 25P/C 0.48
Numbers
QuarterCallsPutsP/C
Q3 2024$538.8m$143.8m0.27
Q4 2024$758.9m$219.0m0.29
Q1 2025$659.3m$265.7m0.40
Q2 2025$631.2m$301.1m0.48

Biggest buyers

Proficio Capital Partners LLC Added +1,536,409+1.5m
ROYAL BANK OF CANADA Added +750,801+750.8k
CHURCHILL MANAGEMENT Corp New +685,276+685.3k
Rockefeller Capital Management L.P. Added +258,330+258.3k
PGIM Custom Harvest LLC Added +255,787+255.8k
Beacon Capital Management, Inc. Added +127,702+127.7k
JPMORGAN CHASE & CO Added +66,303+66.3k
RAYMOND JAMES FINANCIAL INC Added +51,543+51.5k
BARCLAYS PLC Added +46,987+47.0k
Circle Wealth Management, LLC Added +42,292+42.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -262,183-262.2k
TWO SIGMA INVESTMENTS, LP Reduced -169,000-169.0k
LPL Financial LLC Reduced -76,341-76.3k
SteelPeak Wealth, LLC Reduced -69,675-69.7k
Serenus Wealth Advisors, LLC Sold out -65,160-65.2k
Spire Wealth Management Reduced -27,468-27.5k
GWN SECURITIES INC. Reduced -24,923-24.9k
TOWNSQUARE CAPITAL LLC Reduced -24,519-24.5k
CITADEL ADVISORS LLC Reduced -23,232-23.2k
VAN ECK ASSOCIATES CORP Reduced -21,630-21.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $307.9m464.2k shares
CITADEL ADVISORS LLC Reduced $222.4m335.3k shares
JANE STREET GROUP, LLC Added $50.5m76.1k shares
IMC-Chicago, LLC Reduced $50.2m75.7k shares
Belvedere Trading LLC New $265.3k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $132.3m199.5k shares
JANE STREET GROUP, LLC Reduced $81.4m122.7k shares
CITADEL ADVISORS LLC Reduced $44.4m67.0k shares
UBS Group AG Unchanged $24.5m37.0k shares
IMC-Chicago, LLC Added $16.4m24.8k shares
CenterStar Asset Management, LLC Reduced $1.8m2.7k shares
Belvedere Trading LLC New $199.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.82% of their portfolio CHARLOTTE, NC 15,400,22015.4m $10.2bn $10.2bn 0.82% Reduced -262.2k -262,183
2 JPMORGAN CHASE & CO 0.28% of their portfolio NEW YORK, NY 6,192,0826.2m $4.1bn $4.1bn 0.28% Added +66.3k +66,303
3 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 2,053,2282.1m $1.4bn $1.4bn 0.09% Reduced -6.6k -6,633
4 UBS Group AG 0.25% of their portfolio ZURICH, V8 1,796,6991.8m $1.2bn $1.2bn 0.25% Reduced -2.5k -2,496
5 Proficio Capital Partners LLC 0.46% of their portfolio NEWTON, MA 1,544,1221.5m $7.4m $7.4m 0.46% Added +1.5m +1,536,409
6 WELLS FARGO & COMPANY/MN 0.22% of their portfolio SAN FRANCISCO, CA 1,532,3841.5m $1.0bn $1.0bn 0.22% Added +30.5k +30,480
7 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 1,453,4061.5m $964.0m $964.0m 0.09% Added +750.8k +750,801
8 LPL Financial LLC 0.27% of their portfolio FORT MILL, SC 1,216,2271.2m $806.7m $806.7m 0.27% Reduced -76.3k -76,341
9 RAYMOND JAMES FINANCIAL INC 0.19% of their portfolio ST. PETERSBURG, FL 839,978840.0k $557.1m $557.1m 0.19% Added +51.5k +51,543
10 PGIM Custom Harvest LLC 10.68% of their portfolio NEWARK, NJ 781,415781.4k $518.3m $518.3m 10.68% Added +255.8k +255,787
11 AMERIPRISE FINANCIAL INC 0.12% of their portfolio MINNEAPOLIS, MN 735,199735.2k $487.9m $487.9m 0.12% Added +24.6k +24,606
12 Harel Insurance Investments & Financial Services Ltd. 5.46% of their portfolio Ramat Gan, L3 719,548719.5k $477.3m $477.3m 5.46% Reduced -7.1k -7,136
13 CHURCHILL MANAGEMENT Corp 4.93% of their portfolio Los Angeles, CA 685,276685.3k $454.5m $454.5m 4.93% New
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.32% of their portfolio MILWAUKEE, WI 660,567660.6k $438.1m $438.1m 0.32% Added +37.2k +37,162
15 Rockefeller Capital Management L.P. 0.39% of their portfolio NEW YORK, NY 501,492501.5k $332.6m $332.6m 0.39% Added +258.3k +258,330
16 STIFEL FINANCIAL CORP 0.27% of their portfolio ST. LOUIS, MO 411,061411.1k $272.7m $272.7m 0.27% Added +5.5k +5,466
17 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 378,614378.6k $251.1m $251.1m 0.07% Added +349 +349
18 HighTower Advisors, LLC 0.31% of their portfolio CHICAGO, IL 368,188368.2k $244.2m $244.2m 0.31% Added +17.2k +17,250
19 PNC Financial Services Group, Inc. 0.14% of their portfolio Pittsburgh, PA 320,870320.9k $212.8m $212.8m 0.14% Added +2.6k +2,567
20 Equitable Holdings, Inc. 1.74% of their portfolio NEW YORK, NY 317,532317.5k $210.6m $210.6m 1.74% Reduced -3.6k -3,621
21 Cetera Investment Advisers 0.31% of their portfolio SCHAUMBURG, IL 274,197274.2k $181.9m $181.9m 0.31% Added +12.3k +12,333
22 Cerity Partners LLC 0.31% of their portfolio NEW YORK, NY 257,863257.9k $171.0m $171.0m 0.31% Reduced -335 -335
23 Janney Montgomery Scott LLC 0.43% of their portfolio PHILADELPHIA, PA 246,010246.0k $163.2m $163.2m 0.43% Reduced -4.0k -4,026
24 COMMONWEALTH EQUITY SERVICES, LLC 0.20% of their portfolio WALTHAM, MA 229,419229.4k $152.2m $152.2m 0.20% Added +5.9k +5,869
25 Provida Pension Fund Administrator 2.63% of their portfolio LAS CONDES, SANTIAGO, F3 219,060219.1k $145.2m $145.2m 2.63% Unchanged
26 TAIYO LIFE INSURANCE CO 13.20% of their portfolio CHUO-KU, TOKYO, M0 212,000212.0k $140.6m $140.6m 13.20% Unchanged
27 Russell Investments Group, Ltd. 0.18% of their portfolio Seattle, WA 211,894211.9k $140.5m $140.5m 0.18% Reduced -86 -86
28 NISSAY ASSET MANAGEMENT CORP /JAPAN 0.79% of their portfolio Tokyo, M0 204,727204.7k $135.8m $135.8m 0.79% Unchanged
29 Beacon Capital Management, Inc. 6.62% of their portfolio DAYTON, OH 193,722193.7k $128.5m $128.5m 6.62% Added +127.7k +127,702
30 OSAIC HOLDINGS, INC. 0.23% of their portfolio SCOTTSDALE, AZ 192,094192.1k $127.1m $127.1m 0.23% Added +10.6k +10,616
31 TRUIST FINANCIAL CORP 0.18% of their portfolio CHARLOTTE, NC 183,335183.3k $121.6m $121.6m 0.18% Added +18.4k +18,423
32 FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC 13.23% of their portfolio WASHINGTON, DC 179,759179.8k $119.2m $119.2m 13.23% Reduced -742 -742
33 Cambridge Investment Research Advisors, Inc. 0.32% of their portfolio FAIRFIELD, IA 156,223156.2k $103.6m $103.6m 0.32% Added +20.9k +20,899
34 M&T Bank Corp 0.34% of their portfolio BUFFALO, NY 149,059149.1k $98.9m $98.9m 0.34% Reduced -12.1k -12,147
35 ARMSTRONG ADVISORY GROUP, INC 7.45% of their portfolio NEEDHAM, MA 148,348148.3k $98.4m $98.4m 7.45% Reduced -21.4k -21,353
36 Compass Financial Group, INC/SD 15.62% of their portfolio Sioux Falls, SD 143,646143.6k $95.3m $95.3m 15.62% Added +19.9k +19,892
37 Creative Planning 0.08% of their portfolio OVERLAND PARK, KS 140,772140.8k $93.4m $93.4m 0.08% Added +7.3k +7,271
38 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 130,896130.9k $86.8m $86.8m 0.01% Added +1.7k +1,679
39 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 130,770130.8k $86.7m $86.7m 0.01% Added +17.8k +17,771
40 BROWN ADVISORY INC 0.10% of their portfolio BALTIMORE, MD 119,637119.6k $79.4m $79.4m 0.10% Reduced -579 -579
41 BAILARD, INC. 1.79% of their portfolio Foster City, CA 116,052116.1k $77.0m $77.0m 1.79% Added +4.4k +4,365
42 NORTHSTAR ASSET MANAGEMENT Co 16.77% of their portfolio BLUE BELL, PA 109,872109.9k $72.9m $72.9m 16.77% Reduced -588 -588
43 AGF MANAGEMENT LTD 0.31% of their portfolio TORONTO, A6 103,220103.2k $68.5m $68.5m 0.31% Reduced -748 -748
44 Silicon Valley Capital Partners 6.87% of their portfolio SAN JOSE, CA 99,21099.2k $65.8m $65.8m 6.87% Reduced -3.3k -3,319
45 Sanctuary Advisors, LLC 0.38% of their portfolio INDIANAPOLIS, IN 92,16892.2k $61.1m $61.1m 0.38% Added +3.2k +3,188
46 Spire Wealth Management 2.15% of their portfolio MCLEAN, VA 90,73190.7k $60.0m $60.0m 2.15% Reduced -27.5k -27,468
47 WBH ADVISORY INC 5.10% of their portfolio BALTIMORE, MD 90,14690.1k $59.8m $59.8m 5.10% Reduced -3.7k -3,686
48 Yarbrough Capital, LLC 2.11% of their portfolio FRANKLIN, TN 89,05889.1k $59.1m $59.1m 2.11% Unchanged
49 Lido Advisors, LLC 0.31% of their portfolio Los Angeles, CA 88,38188.4k $58.6m $58.6m 0.31% Added +5.0k +4,960
50 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 85,82285.8k $56.9m $56.9m 0.16% Reduced -995 -995
51 KCM INVESTMENT ADVISORS LLC 1.83% of their portfolio GREENBRAE, CA 82,42782.4k $54.7m $54.7m 1.83% Added +4.0k +3,987
52 Systematic Alpha Investments, LLC 1.94% of their portfolio PRINCETON, NJ 82,30082.3k $54.6m $54.6m 1.94% Unchanged
53 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 80,55880.6k $54.3m $54.3m 0.09% Added +20.0k +20,030
54 COMERICA BANK 0.20% of their portfolio DALLAS, TX 78,03578.0k $51.8m $51.8m 0.20% Added +3.1k +3,114
55 PEAPACK GLADSTONE FINANCIAL CORP 0.73% of their portfolio BEDMINSTER, NJ 77,37177.4k $51.3m $51.3m 0.73% Added +681 +681
56 MAI Capital Management 0.35% of their portfolio INDEPENDENCE, OH 76,22376.2k $50.6m $50.6m 0.35% Reduced -1.1k -1,109
57 Kestra Advisory Services, LLC 0.24% of their portfolio AUSTIN, TX 74,91074.9k $49.7m $49.7m 0.24% Added +2.2k +2,185
58 Mariner, LLC 0.07% of their portfolio Overland Park, KS 72,64972.6k $48.2m $48.2m 0.07% Reduced -1.0k -1,015
59 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 70,37870.4k $46.7m $46.7m 0.06% Added +3.4k +3,420
60 FMR LLC 0.00% of their portfolio BOSTON, MA 68,57668.6k $45.5m $45.5m 0.00% Reduced -2.2k -2,155
61 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 66,53266.5k $44.1m $44.1m 0.10% Added +7.5k +7,485
62 Apollon Wealth Management, LLC 0.87% of their portfolio MOUNT PLEASANT, SC 66,44766.4k $44.1m $44.1m 0.87% Added +1.3k +1,305
63 Private Advisor Group, LLC 0.24% of their portfolio MORRISTOWN, NJ 66,21766.2k $43.9m $43.9m 0.24% Added +496 +496
64 Full Sail Capital, LLC 2.51% of their portfolio OKLAHOMA CITY, OK 65,65265.7k $43.5m $43.5m 2.51% Added +6.6k +6,600
65 AMI INVESTMENT MANAGEMENT INC 11.04% of their portfolio KENDALLVILLE, IN 64,47364.5k $42.8m $42.8m 11.04% Added +1.3k +1,251
66 Stuart Chaussee & Associates, Inc. 9.51% of their portfolio BEVERLY HILLS, CA 63,61363.6k $42.2m $42.2m 9.51% Added +568 +568
67 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 63,49763.5k $42.1m $42.1m 0.02% Reduced -4.8k -4,781
68 AVANTAX ADVISORY SERVICES, INC. 0.23% of their portfolio DALLAS, TX 63,43163.4k $42.1m $42.1m 0.23% Reduced -2.0k -2,036
69 FIL Ltd 0.04% of their portfolio HAMILTON, D0 62,19662.2k $41.3m $41.3m 0.04% Unchanged
70 HARBOUR INVESTMENTS, INC. 1.03% of their portfolio MADISON, WI 61,33961.3k $40.7m $40.7m 1.03% Added +3.6k +3,631
71 TRUST CO OF OKLAHOMA 12.76% of their portfolio TULSA, OK 60,47460.5k $40.1m $40.1m 12.76% Reduced -768 -768
72 PINNACLE ASSOCIATES LTD 0.58% of their portfolio NEW YORK, NY 60,20060.2k $39.9m $39.9m 0.58% Reduced -3.4k -3,417
73 HOLLENCREST CAPITAL MANAGEMENT 1.68% of their portfolio NEWPORT BEACH, CA 59,22059.2k $39.3m $39.3m 1.68% Reduced -20 -20
74 Madison Asset Management, LLC 0.42% of their portfolio MADISON, WI 58,84658.8k $39.0m $39.0m 0.42% Reduced -450 -450
75 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 57,83457.8k $38.4m $38.4m 0.02% Added +47.0k +46,987
76 PARK NATIONAL CORP /OH/ 1.22% of their portfolio NEWARK, OH 55,83855.8k $37.0m $37.0m 1.22% Reduced -5.2k -5,153
77 Elwood & Goetz Wealth Advisory Group, LLC 7.94% of their portfolio ATHENS, GA 55,35455.4k $36.7m $36.7m 7.94% Added +1.3k +1,301
78 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 54,48054.5k $35.8m $35.8m 0.03% Added +12.1k +12,129
79 Steward Partners Investment Advisory, LLC 0.27% of their portfolio STAMFORD, CT 53,00653.0k $35.2m $35.2m 0.27% Added +1.4k +1,388
80 MassMutual Private Wealth & Trust, FSB 0.90% of their portfolio Windsor, CT 50,86650.9k $33.7m $33.7m 0.90% Added +2.6k +2,623
81 GPS Wealth Strategies Group, LLC 3.87% of their portfolio CENTENNIAL, CO 50,69350.7k $33.6m $33.6m 3.87% Reduced -395 -395
82 Marotta Asset Management 6.74% of their portfolio CHARLOTTESVILLE, VA 50,68450.7k $33.6m $33.6m 6.74% Reduced -6.3k -6,337
83 CW Advisors, LLC 0.32% of their portfolio BOSTON, MA 50,13750.1k $33.3m $33.3m 0.32% Added +9.2k +9,248
84 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 49,27349.3k $32.7m $32.7m 0.02% Added +916 +916
85 SBI Securities Co., Ltd. 0.94% of their portfolio TOKYO, M0 49,15549.2k $32.6m $32.6m 0.94% Reduced -2.2k -2,241
86 FIFTH THIRD BANCORP 0.11% of their portfolio CINCINNATI, OH 48,21848.2k $32.0m $32.0m 0.11% Reduced -1.1k -1,124
87 Winthrop Capital Management, LLC 7.78% of their portfolio Carmel, IN 46,42746.4k $30.8m $30.8m 7.78% Added +2.6k +2,575
88 TIAA TRUST, NATIONAL ASSOCIATION 0.08% of their portfolio CHARLOTTE, NC 43,45143.5k $28.8m $28.8m 0.08% Reduced -2.9k -2,916
89 Circle Wealth Management, LLC 0.64% of their portfolio SUMMIT, NJ 43,12943.1k $28.6m $28.6m 0.64% Added +42.3k +42,292
90 Mokosak Advisory Group, LLC 8.08% of their portfolio URBANDALE, IA 43,03043.0k $28.6m $28.6m 8.08% Added +1.2k +1,213
91 Portfolio Strategies, Inc. 3.63% of their portfolio MONTVALE, NJ 42,07242.1k $27.9m $27.9m 3.63% Reduced -679 -679
92 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 41,68441.7k $27.6m $27.6m 0.02% Added +8.0k +7,966
93 IEQ CAPITAL, LLC 0.17% of their portfolio Foster City, CA 41,47541.5k $27.5m $27.5m 0.17% Reduced -6.2k -6,157
94 Wiser Wealth Management, Inc 6.88% of their portfolio MARIETTA, GA 41,45141.5k $27.5m $27.5m 6.88% Added +5.3k +5,348
95 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 41,09741.1k $27.3m $27.3m 0.06% Added +6.2k +6,241
96 CVA Family Office, LLC 3.69% of their portfolio DENVER, CO 39,63239.6k $26.3m $26.3m 3.69% Reduced -593 -593
97 Keebeck Wealth Management 3.39% of their portfolio Chicago, IL 38,99539.0k $25.9m $25.9m 3.39% Reduced -152 -152
98 FIRST MERCHANTS CORP 0.99% of their portfolio Muncie, IN 38,60938.6k $25.6m $25.6m 0.99% Reduced -4.8k -4,779
99 Gratus Wealth Advisors, LLC 3.84% of their portfolio VIRGINIA BEACH, VA 38,24238.2k $25.4m $25.4m 3.84% Reduced -71 -71
100 Pathstone Holdings, LLC 0.10% of their portfolio ENGLEWOOD, NJ 38,20338.2k $25.3m $25.3m 0.10% Reduced -3.0k -2,968